Microsoft announced yesterday a quarterly dividend increase of $0.46 per share ahead of its annual shareholders meeting on November 28.
In a further push at their gaming division, CEO Satya Nadella revealed today that Microsoft is planning to expand it’s pursuit of $100 billion gaming industry
Microsoft announced some important changes to its board of directors yesterday, including the addition of Hugh Johnston, vice chairman and chief financial officer of PepsiCo.
Microsoft’s annual meeting of shareholders in Bellevue this morning was pretty much the standard routine this morning. The company’s nine-member board was reappointed and a lone shareholder proposal was rejected. CEO Steve Ballmer touted the company’s revenue and earnings over the past year. Shareholders complained about the company’s stagnant share price and pressed for a higher dividend. Ballmer talked about Microsoft’s product pipeline and finance chief Peter Klein noted that the company has returned more than $170 million to shareholders in the form of dividends and share buybacks over the past decade…